Lending Rates (May 11, 2009)
as of 9 a. m. ET. May 5, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
News
Canadian Gold Mutual Funds (May 11, 2009)
Featured Fund: CIBC precious metals as of 01/31/09 (in weighted order): Kinross Gold, Agnico-Eagle Mines, Goldcorp, Barrick Gold, Randgold Resources, Yamana Gold, Newmont Mining, Compania Minas Buenav…
Exchange Rates (May 11, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 US$ in C$ 1.1781 1.1872 1.1940 1.2008 1.2238 C$ in US$ 0.8488 0.8423 0.8375 0.8328 0.817…
Tower Hill Keeps Hitting Gold At Livengood
VANCOUVER–The Livengood gold deposit in Alaska just keeps growing for International Tower Hill Mines (ITH-V, THM-X).
International Quotes (May 11, 2009)
Australia (A$) May 5 Apr 28 Change Bendigo Mining 0.25 0.24 0.01 Kingsgate Cons. 16.05 6.04 10.01 Lion Selection Ltd 0.98 0.98 0.00 Newcrest Mining 31.50 30.99 0.51 Z…
T. N. M. Nugget
ONTARIO MINING ACT HIGHLIGHTS:
Spot Prices (May 11, 2009)
COURTESY OF SCOTIABANK Tuesday, May 5, 2009 Precious Metals Price (US$/oz.) Change Gold $903.00 +6.00 Silver $13.11 +0.55 Platinum $1118.00 +20.00 Palladium $218.00 +1.00 Base Metals P…
Spring Cleaning Polar Star’s Boardroom
Leading a proxy battle is no easy task, says Polar Star Mining (PSR-V, POSRF-O) president and CEO Douglas Willock, who just got his old job back after launching and winning a proxy battle that led to …
Hathor’s Roughrider Getting Bigger
VANCOUVER — The Roughrider uranium discovery in northern Saskatchewan keeps throwing out high-grade uranium intercepts for majority owner Hathor Exploration (HAT-V, HTHXF-O).
Aboriginals Want The Option To Say ‘No’
Although the government of Ontario’s proposed new Mining Act has been well-received so far by the mining industry, there is still a great distance between what some stakeholders want and what they wil…
Timminco Merges Magnesium Assets With China’s Winca
If you can’t beat them — join them. That was the rationale behind Timminco’s (TIM-T, TIMNF-O) decision to merge its remaining magnesium extrusion assets with a private Chinese enterprise called Winca…
LME Warehouse Levels (May 11, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 5, 2009 (change from Apr. 28 in brackets): Aluminium Alloy 95460 (1060) Aluminium 3797125 (+71150) Copper 39…